Tutorial 14

The 'Steepness' indicator

This tutorial will cover the 'Steepness' indicator.

 

 

 

Add the 'Steepness' indicator to your chart. Will display by default at the bottom of the screen.


How it works:

• The thicker is the line, the steeper is the market.

• White line = Flat market.

• Background Paint: More vivid is the colour, steeper and stronger is the movement.

• Technical Analysis. (Ex: Up/Down, Strong Uptrend/Downtrend, Pulling Back Up/Down, Retracement, Flat).




Check the box 'Paint Background' and select the 'Black' background.


ETHUSD daily


SPX Daily


GOOG Daily


USDCAD Daily




SET the Alert.


Summary Alert: Provides a summary at the end of each bar (Steepness, Background Paint Color, Direction and/or PullBack and/or Retracement and/or Flat.

Steepness Alert: Alerts at every steepness change.

Flat Alert: Alerts at the beginning and end of a flat (white line) market.

Background Paint Alert:

All: Alerts on All colour change (Neutral, 25% Blue, 50% Blue, 75% Blue, 100% Blue, 25% Red, 50% Red, 75% Red, 100% Red).
Blue/Red: Alerts only when the colour changes from any Blue to any Red (OR vice versa, from Red to Blue). Ex: From 25% Blue to 75% Blue will NOT trigger an alert.



CREATE the Alert.


1. Select your preferred time frame before creating the alert.
2. Next, move your mouse over the 'Steepness' title and click on 'More' options ('3 dots' icon) (OR right-click any line displayed in 'Steepness') and select 'Add Alert on Steepness'.


3. In 'Condition', select 'Steepness' and 'Any alert() function call' (which means: Use the alert(s) already SET in 'Steepness').
4. Lastly, choose the 'Expiration time' and the 'Alert actions'. Name the alert (short description) and click on 'Create'.








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Tutorial 1:
TradingView username

Tutorial 2:
TradingView overview.

Tutorial 3:
Chart Set-up and Layout tutorial.

Tutorial 4:
Adding the trading template and indicators tutorial.

Tutorial 5:
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Tutorial 6:
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Tutorial 9:
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Tutorial 10:
Cloud tutorial.

Tutorial 11:
Background Color tutorial.

Tutorial 12:
Stop Loss tutorial.

Tutorial 13:
Steepness Background tutorial.


Tutorial 14:
Steepness tutorial.

Tutorial 15:
Phase tutorial.

Tutorial 16:
Several indicators acting together tutorial.

Tutorial 17:
Tops and Bottoms indicator tutorial.

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Angle indicator tutorial.

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Bear & Bull Powers indicator tutorial.

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Histogram indicator tutorial.

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Volatility indicator tutorial.

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